adimin

Bitcoin’s Path to $200K: Institutional Adoption and Robust Network Fundamentals Set the Stage for Historic BTC Rally

Bitcoin price has several projections to chart a rally above $200,000 in the long term.Network fundamentals and institutional adoption might help accelerate this projection. The price of Bitcoin (BTC) showed a slight uptick in the daily chart, indicating a potential recovery. Amid this development and ongoing market volatility, Bernstein Research released a recent report predicting...

Read More

Bitcoin-Cardano Bridge Debuts, Connecting Layer-1 Networks via BitcoinOS Grail

Cardano has partnered with BitcoinOS, enabling its DeFi users to access Bitcoin’s liquidity directly, bypassing intermediaries.BitcoinOS is considered as Bitcoin’s ultimate upgrade, it leverages ZK proofs to embed any computation directly into Bitcoin transactions. Cardano, one of the most dominant blockchains, is slowly gaining ground with its rivals as it is set to gain access...

Read More

Bitcoin Whales Set New Record Holding 670,000 BTC, What’s Next?

Bitcoin whales have accumulated 670,000 BTC, marking an all-time high, signaling potential long-term optimism for the market.Whale accumulation phases typically precede major price movements, with past trends showing similar behavior before bull rallies. According to CryptoQuant, those who own large quantities of Bitcoin—that is, Bitcoin whales—are building BTC at unheard-of rates. Their present possession marks...

Read More

BlackRock Buys 34,085 BTC, Pushing Total Holdings Over 400K

BlackRock’s Bitcoin holdings have surpassed 400,000 BTC, indicating strong institutional confidence in the cryptocurrency.BlackRock’s CEO, Larry Fink, views Bitcoin as a distinct asset class, emphasizing its growing role in institutional portfolios. With its Bitcoin holdings already over 400,000 BTC, BlackRock, the biggest asset management company, keeps causing waves in the cryptocurrency market. BlackRock bought extra...

Read More

Analyst Predicts XRP May Soon Surpass Bitcoin — Here’s Why

Matt Hamilton argues that XRP’s scalable infrastructure makes it more suitable than Bitcoin for mainstream financial applications, potentially positioning it to surpass BTC. Bitcoin’s strengths in decentralization and security are highlighted by Davinci Jeremie, emphasizing its role in financial sovereignty despite scalability limitations. Ripple (XRP) is currently anticipated to surpass Bitcoin as the leading cryptocurrency....

Read More

Florida’s New Move: Adding Bitcoin to State Reserves for Diversification

Florida’s CFO proposes Bitcoin to diversify state reserves, positioning it as “digital gold” to hedge against volatility.The proposal includes a pilot program to assess Bitcoin’s feasibility in state pension funds, keeping Florida ahead in innovation. Florida is taking significant moves to diversify its state reserves, with a new proposal to incorporate Bitcoin into its investing...

Read More